SEC Approves First Leveraged Bitcoin Futures ETF

Slashdot
By BeauHDJun 23, 2023, 5:00 pm152 pts
The SEC has approved the first leveraged cryptocurrency ETF in the United States, which will allow customers to gain bitcoin exposure by putting up only half the value of the bitcoin. The ETF is set to launch on Tuesday and corresponds with the CME Bitcoin Futures Daily Roll Index. CoinDesk reports: The…

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